BAS
ActiveSummary
BAS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,261 and a net result of €25,994. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 85% of 11425 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+5
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 6.63 against 5.04 in 2024; short-term debt: 15% and cash: 5.8% of total assets), and 15% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85%
Return on assets
9.8%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €225,261
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
51 d early
2023
49 d early
2022
55 d early
2021
52 d early
2020
55 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€225,261▲ 13.0%
2024 · €199,267
Total assets
€265,158▲ 7.0%
2024 · €247,857
Net result
€25,994▲ 77.7%
2024 · €14,629
Working capital
€224,517▲ 16.8%
2024 · €192,208
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€63,978▼ 2.7%-€4,737€19,932€21,405▲ 7.4%€33,750▲ 57.7%
Net result€43,366▲ 4.2%-€5,407€14,801€14,629▼ 1.2%€25,994▲ 77.7%
Equity€259,802▲ 20.0%€229,142▼ 11.8%€184,637▼ 19.4%€199,267▲ 7.9%€225,261▲ 13.0%
Total assets€359,117▲ 12.9%€298,274▼ 16.9%€243,781▼ 18.3%€247,857▲ 1.7%€265,158▲ 7.0%
Debt€99,315▼ 2.2%€69,131▼ 30.4%€59,144▼ 14.4%€48,590▼ 17.8%€39,897▼ 17.9%
Working capital€262,446▲ 13.1%€218,728▼ 16.7%€175,538▼ 19.7%€192,208▲ 9.5%€224,517▲ 16.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265,158
Fixed assets
€744 ▼ 90.7%
Current assets
€264,415 ▲ 10.2%
Equity and liabilities €265,158
Equity
€225,261 ▲ 13.0%
Debt
€39,897 ▼ 17.9%
Debt's share of the balance-sheet total falls from 19.6% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,021▲
2024 · €29,152
Cash flow
€33,266▲
2024 · €22,376
Current ratio
6.63▲
2024 · 5.04
Debt to equity
0.18▼
2024 · 0.24
ROE
11.5%▲
2024 · 7.3%
ROA
9.8%▲
2024 · 5.9%
Interest coverage
291.57▲
2024 · 114.88
Debt ≤ 1 year
€39,897▼
2024 · €47,634
Income taxes
€12,395▲
2024 · €7,313
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,800 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,003 | €7,747 | €7,747 | €7,747 | €7,271 | ▼ 6.1% |
| Other operating charges640/8 | - | €102 | €109 | €355 | €1,554 | ▲ 337% |
| Gross operating margin9900 | €71,083 | €3,112 | €27,788 | €29,507 | €42,575 | ▲ 44.3% |
| Operating profit (loss)9901 | €63,978 | -€4,737 | €19,932 | €21,405 | €33,750 | ▲ 57.7% |
| Financial income75/76B | - | - | - | €791 | €4,780 | ▲ 505% |
| Recurring financial income75 | - | - | - | €791 | €4,780 | ▲ 505% |
| Financial charges65/66B | - | €560 | €327 | €254 | €141 | ▼ 44.6% |
| Recurring financial charges65 | €629 | €560 | €327 | €254 | €141 | ▼ 44.6% |
| Profit (loss) for the period before taxes9903 | €63,350 | -€5,297 | €19,605 | €21,942 | €38,389 | ▲ 75.0% |
| Income taxes67/77 | €19,984 | €110 | €4,804 | €7,313 | €12,395 | ▲ 69.5% |
| Profit (loss) for the period9904 | €43,366 | -€5,407 | €14,801 | €14,629 | €25,994 | ▲ 77.7% |
| Profit (loss) for the period to be appropriated9905 | €43,366 | -€5,407 | €14,801 | €14,629 | €25,994 | ▲ 77.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €359,117 | €298,274 | €243,781 | €247,857 | €265,158 | ▲ 7.0% |
| Fixed assets21/28 | €31,255 | €23,508 | €15,762 | €8,015 | €744 | ▼ 90.7% |
| Tangible fixed assets22/27 | €31,255 | €23,508 | €15,762 | €8,015 | €744 | ▼ 90.7% |
| Plant, machinery and equipment23 | - | €4,329 | €2,778 | €1,226 | €150 | ▼ 87.8% |
| Furniture and vehicles24 | - | €19,179 | €12,984 | €6,789 | €594 | ▼ 91.2% |
| Current assets29/58 | €327,862 | €274,765 | €228,019 | €239,842 | €264,415 | ▲ 10.2% |
| Amounts receivable within one year40/41 | €8,618 | €16,867 | €2,725 | €4,984 | €9,356 | ▲ 87.7% |
| Trade receivables40 | - | €6,976 | €2,442 | €4,984 | €9,356 | ▲ 87.7% |
| Other amounts receivable41 | - | €9,890 | €283 | - | - | - |
| Current investments50/53 | €185,465 | €197,109 | €191,346 | €227,148 | €239,728 | ▲ 5.5% |
| Cash at bank and in hand54/58 | €133,780 | €60,789 | €33,948 | €7,710 | €15,331 | ▲ 98.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €359,117 | €298,274 | €243,781 | €247,857 | €265,158 | ▲ 7.0% |
| Equity10/15 | €259,802 | €229,142 | €184,637 | €199,267 | €225,261 | ▲ 13.0% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €239,736 | €214,483 | €166,045 | €180,675 | €206,669 | ▲ 14.4% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €212,624 | €164,186 | €180,675 | €206,669 | ▲ 14.4% |
| Profit (loss) carried forward14 | €1,474 | -€3,933 | - | - | - | - |
| Amounts payable17/49 | €99,315 | €69,131 | €59,144 | €48,590 | €39,897 | ▼ 17.9% |
| Amounts payable after more than one year17 | €17,916 | €12,313 | €6,662 | €956 | - | - |
| Financial debts170/4 | - | €12,313 | €6,662 | €956 | - | - |
| Amounts payable within one year42/48 | €65,416 | €56,037 | €52,481 | €47,634 | €39,897 | ▼ 16.2% |
| Current portion of amounts payable after more than one year42 | - | €5,597 | €5,651 | €5,706 | €956 | ▼ 83.2% |
| Trade debts44 | €41,329 | €266 | €399 | €366 | €258 | ▼ 29.5% |
| Suppliers440/4 | - | €266 | €399 | €366 | €258 | ▼ 29.5% |
| Taxes, remuneration and social security45 | - | €5,057 | €4,020 | €8,664 | €17,367 | ▲ 100% |
| Taxes450/3 | - | €5,057 | €4,020 | €8,664 | €17,367 | ▲ 100% |
| Other amounts payable47/48 | - | €45,117 | €42,411 | €32,898 | €21,316 | ▼ 35.2% |
| Accrued charges and deferred income492/3 | - | €781 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,366 | -€5,407 | €14,801 | €14,629 | €25,994 | ▲ 77.7% |
| + Depreciation and write-downs630 | €7,003 | €7,747 | €7,747 | €7,747 | €7,271 | ▼ 6.1% |
| Operating cash flow (approximation) | €50,369 | €2,340 | €22,548 | €22,376 | €33,266 | ▲ 48.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€72,991 | -€26,842 | -€26,238 | €7,621 | ▲ 129% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €200,000Eq €225,261 ▲13%
3 profitable years in a row build equity to €225,261.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €14,801
Net result €14,801 after one loss-making year.
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet -€5,407
Net result drops to -€5,407, the lowest in the series; recovery starts the following year.
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €43,366 ▲4.2%
Net result €43,366, the highest in the series.
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Balen · 1 establishment unit since 1994
Ground area
388 m²
Building footprint
92 m²
Volume, LiDAR
432 m³
Parcel 13003D0022/02C000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gasthuisstraat 2, 2490 Balen
since 19942.066.637.557
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003D0022/02C000 | Flanders | 388 m² | 1 · 92 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 538 companies in sector 46120 we hold annual accounts for 304. 211 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-04-1994
Fiscal year end30-06
Activities, NACEBEL 2025
46120Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.